Should You Be Considering Tax-Loss Harvesting?
As we’ve mentioned numerous times, temporary declines in stock market prices become permanent only when you sell out of those positions. If a stock or fund loses value, it’s best to fight the urge to cut your losses while it’s only a loss on paper, because you don’t know when it might recover. Thus the strategy of holding a diverse portfolio (where all instruments are less likely to decline at once) with a view to the long-term is designed to keep you from missing out on [...]